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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

Businesses For Sale   >>   New Jersey Businesses For Sale Categories   >>   

Local Deli & Luncheonette

Location  New Jersey,United States
Asking Price Range  < $250K
Gross Revenues  $275000
Net Profit / Cash Flow  $50000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1960
Number of Employees  1 - 3
Inventory  55000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will supply a full transitional period to the new operator and will remain post closing for thirty days.
Reason for Sale  The seller has elected to retire after many successful years in this food industry.
Description  Long established deli and local luncheonette business located in an active commercial mall in a suburban area of Essex County, NJ. The business has been operating for over 40 years and has maintained a wonderful reputation within the community. The business offers an extensive breakfast and lunch menu including off premise catering. This business is in very high demand due to a large volume of daily workers, shoppers, and nearby parks and recreation. This 1,200 square foot facility seats 38 customers. The sale includes a full commercial kitchen, full basement, numerous display cases, tables & chairs, computer system, phone system, etc. A long term lease with continued options is available with a gross yearly rent of $34,200 and modest rent increases. This is a fabulous opportunity to own a successful, established breakfast and lunch sandwich shop with unlimited potential.
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